Rand Dropped against U.S. Dollar ahead of Growth Data

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Source: Bloomberg
© Scanpix/Reuters
The Rand fell from the highest level in a month versus the U.S. Dollar, posting first loss in six days, ahead of growth data, which showed the increase in prices. Consumer prices in November grew 5.6% from the previous year and were unchanged from October. The Rand depreciated 0.4% against U.S. Dollar and traded at 8.6863 per Dollar, following gain of 0.4% on November 7 to 8.6500.
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